Godfrey Phillips India board pushes for additional independent director

Currently while there are four independent directors at present, there are five non-independent ones, including Ruchir Modi and R A Shah, who is chairman of the company

The board of tobacco major Godfrey Phillips India (GPI), which met on Tuesday, pushed for appointing an additional independent director, according to sources privy to the discussions.

The move, once cleared, will increase the number of independent directors on the board to five, while non-independent directors would be of the same strength. This, says a source in the know, would give the independent directors more leeway to hold discussions on all contentious issues.

Currently while there are four independent directors, there are five non-independent ones, including Ruchir Modi and R A Shah, who is chairman of the company. The meeting, which was